Yes Bank - Senior Manager/AVP - Finance & Operations - Yes Foundation

Salary range: 9 - 11 LPA

i. General Finance & Accounts

- Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP)

- Develop, implement, and ensure compliance with internal financial and accounting policies and procedures

- Ensure compliance with all statutory requirements of the organization are met including Charitable Trust status, and all applicable tax regulations

- Prepare all supporting information for the annual audit and liaise with internal and external auditors as may be necessary

- Document and maintain complete and accurate supporting information for all financial transactions

- Review, develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash etc.

- Reconcile bank and investment accounts

- Review monthly results and implement monthly variance reporting

- Manage the cash flow and prepare cash flow forecasts in accordance with programs and policies

- Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll

- Develop and implement policies, processes and technology to ensure overall smooth functioning of Finance and Accounting functions

- Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate

- Ensure compliance with mandatory tax regulations and guidelines as may be applicable

- Manage and ensure compliance with human resources, procurement/vendor management and administration policies of the organisation

ii. Payroll preparation and administration

- Oversee all payroll functions to ensure that employees are paid in a timely and accurate manner

- Negotiate and manage the employee insurance and benefits plans

- Process and submit statutory and benefits remittances on time

iii. Budget preparation

- Establish and maintain guidelines for budget and forecast preparation, and prepare the annual budget in consultation with top management

- Support Programs team in preparation of budget preparation

iv. Project management accounting

- Maintain financial records for each project in a manner that facilitates management reports

- Ensure that accurate and timely financial statements are prepared in accordance with contract agreements with funders

- Provide accurate and timely reporting on the financial activity of individual projects

v. Systems and Quality Management

- Develop and maintain governance and quality systems and processes

- Ensure alignment of YF's quality management systems and processes with prevailing regulatory compliances